Extension fee

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Lending - borrowing - bank facilities - term - extension.

An extension fee is an amount payable by a borrower in return for the extension of the term of a borrowing facility.

Reduced extension fees - RS Group
"After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.
A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m winner.

See also